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Search Results 0 to 49 of about 98 (some duplicates have been removed)
WETA
Feb 18, 2013 6:30pm EST
from the wealthiest americans. so, what influences their giving? ruben ramirez gets some answers. >> reporter: it's another typical school day at truman high school in the bronx. the cooking class is busy in the kitchen. ( singing ) the choir is rehearsing. the astronomy class is learning about stars. but it wasn't always like this. real estate developer charles bendit met truman high principal sana nasser a decade ago through a non-profit called pencil. it connects business people who want to volunteer with schools in their communities. >> i was a small businessman that was just getting started. i was just beginning to realize that someday i might be successful. i didn't have what to give in terms of big dollars, so what i did do was, i thought about how i could be most impactful. >> reporter: bendit serves as a mentor to principal nasser. together, they developed the idea of specialized "academies" within the high school. bendit's biggest contribution: sharing his decades of business experience. >> it all started with learning how to be the c.e.o. of a company and how am i goin
PBS
Jan 31, 2013 6:30pm PST
female entrepreneurs are expected to help the job recovery. ruben ramirez looks at why women are finding it easier today to start a business. >> reporter: hewlett-packard may have gotten its start in a garage. but here in new york, this new business was born in the kitchen. this is pastry chef jenny mccoy and her business partner diana lovett. >> jenny had her background in the kitchen and wanted to make things accessible to the home cook. i had my background in the non- profit world and really wanted to have a socially responsible supply chain. >> reporter: cisse makes mixes for products like hot cocoa, cookies and cakes. they use all-natural products and fair-trade cocoa. that's cocoa that comes from farmers who use fair labor practices, and sustainable pricing. it's been a busy year, the two went from concept to prototype in four months and hit store shelves in september, the products are available in whole foods and other grocery chains along the east coast. >> i certainly think that with a line of baking mixes i think that a woman-owned business sort of makes sense to the co
PBS
Feb 27, 2013 7:00pm PST
a brand, the more likely its logo is to be copied. ruben ramirez takes look at the use of corporate logos in art. >> reporter: the iconic apple. nike's swoosh and mcdonald's golden arches are global brands with a global following. >> these brands aspire to be globally famous but the downside of global fame is being bitten. >> reporter: being bitten, says susan scafadi of the fordham fashion law institute is when a brand's symbol is parodied or used in art. >> sometimes its a cultural commentary, sometimes its a political commentary, sometimes its just out of love. people really identify with brands. >> reporter: but for companies who spend billions cultivating a certain image, art can feel like an infringement. david de buck of the de buck gallery says this piece begs the question, what came first art or fashion. >> the company louis vuitton has a particular logo. however, that logo was created off the monogram of a very famous artist called leonardo da vinci. >> reporter: artists like zeus incorporate logos in their work. >> what you wear is who you are, is what his critique is. so
PBS
Feb 20, 2013 7:00pm PST
right to sell other stewart-branded products that macy's doesn't carry. ruben ramirez reports. >> reporter: martha's in the middle, as two of the nation's best-known department stores fight in new york state supreme court over just who can carry the domestic diva's home products. >> two different companies are looking at an agreement and interpreting it two different ways. macys is interpreting it very broadly and pennys is interpreting it very narrowly. >> reporter: there's no denying the appeal of carrying martha stewart's brand. macy's says it has billions of dollars on the line. >> for macys, having a differentiated exclusive brand is critical to their competitive strategy and they've invested a lot of time and effort in building up the martha stewart brand giving her a lot of exposure in their stores and its a linchpin of their home strategy. for, j.c.p., martha is a key part of its "store within a store" turnaround plan. >> she can appeal to the kind of customer that penneys has and the kind of customer that they want to get which i think is a little more upscale than wh
PBS
Feb 13, 2013 6:30pm PST
gold. but as ruben ramirez reports no matter what comes out of this weekend's meetings, it looks like gold prices will trend higher this year. >> reporter: gold prices may be taking a breather this week but don't expect that to last for long. >> the environment hasn't changed for gold. i think what were looking for at the moment is a specific catalyst that drives gold to the next level. >> reporter: rhind is keeping an eye on loose monetary policy around the globe, he's thinks those policies could cause currencies to weaken, making gold an attractive alternative. he's also watching gold supplies, which are currently tight. s&p capital i.q. thinks the precious metal could rise 15% this year, ending 2013 just below $2,000 an ounce. >> price forecasts like that could benefit gold miners, toronto-based alamos gold went public today, on the new york stock exchange. c.e.o. john mcclusky says demand, drove today's listing on the big board. >> it's an indication that we've grown to a stage where we could justify listing our symbol down here and actually command some investor attention. >
PBS
Feb 8, 2013 7:00pm PST
. auto industry. ruben ramirez takes a look at some car makers hoping american consumers fall in love with diesel this year. >> reporter: "if at first you don't succeed, try again." that's g.m.'s motto g.m. as it brings diesel passenger cars. back to american consumers, the diesel chevy cruze will start hitting showrooms this april. what's different today from general motors chevy's diesel cars back in the 1980s? >> they don't smell, they don't smoke, the don't clatter, they're quick. >> reporter: while clean-diesel technology has come a long way, g.m.'s still treading lightly. >> we are being very cautious about the market and the demand for the market. it's a big change within general motors that's happened in the last couple of years to say, let's not overbuild, let's understand the marketplace and try to build to where the demand is. >> reporter: it appears other car makers are also pinning their hopes on diesel. jeep is launching a diesel grand cherokee. mazda will have a diesel mazda 6. already, v.w. has had success with diesel versions of its passenger cars here in the u.s. one
PBS
Feb 23, 2013 1:00am PST
trial pitting the u.s. government and gulf coast states against b.p. is due to begin. ruben ramirez has a preview of the case and the possibility of a last minute deal. >> reporter: nearly three years after a rig explosion killed 11 people and spilled four million barrels of oil into the gulf of mexico the u.s. government and b.p. are set to square off in a louisiana courtroom. b.p. has a history of settling civil cases before or during trial, so an eleventh hour deal could still be reached. the justice department and gulf states are considering offering b.p. a $16 billion deal, that's nearly three times what b.p. had hoped to pay. for it's part, b.p. says: >> we have always been open to settlements on reasonable terms, faced with demands that are excessive and not based on reality or the merits of the case, we are going to trial. >> reporter: if there is no settlement over the weekend, well owner b.p. will be joined by rig owner transocean and halliburton, the cement services provider on the well. on the other side will be the justice department, several gulf coast states and other pla
PBS
Feb 12, 2013 7:00pm EST
the scrutiny of currency watchers. ruben ramirez, "n.b.r.," new york. >> susie: those tensions over foreign currencies will be an important issue in moscow this weekend when g-20 officials meet. for more on that and the outlook for international investing, we turn now to nick colas, chief market strategist of convergex group. >> susie: hi, nick. let me start by asking you more about this currency issue. you know it is very intricate and complicated for most individual investors to understand. what is the risk if this currency issue escalates? >> yeah. it is a very good question. there are really two risks that investors need to worry about. the first is that these currency wars only benefit one country, the country that is weakening its currency. it creates a lot of volatility and uncertainty in the rest of the global market. the actors who want to invest in the market, consumers and companies, get worried that currency volatility is going to make the future less predictable. that's problem number one. problem number two is it interferes with the co hegence concerns, when you have o
PBS
Feb 16, 2013 1:00am PST
words has meant some big swings recently in herbalife shares. ruben ramirez reports on a battle that's being played out in what's typically a very secretive industry. >> reporter: hedge funds typically take big positions in companies and are very careful not to disclose what they're buying or selling. but the battle between hedge fund giants carl icahn, who now owns 13% of herbalife's shares and bill ackman who has a billion dollar short or bet that herbalife shares will fall is taking a nasty turn. >> a number of other hedge fund managers have gone public with shorts especially when they claim that something wrong is going on at a company. what's different in this case is that icahn also came out and was very vociferous and said, "oh no, this is a wonderful company and bill ackman doesn't know what he's talking about." it's very rare to see these guys go head to head in public. >> reporter: icahn's disclosure that he now owns 14 million shares came in a filing to the securities and exchange commission late yesterday. icahn said quote "herbalife has a legitimate business model, with fa
PBS
Feb 8, 2013 1:00am PST
gaming industry is expected to grow 9% this year to nearly $80 billion. ruben ramirez reports on the reasons why there is renewed enthusiasm in the sector. >> reporter: for the first time in years, video game stocks are catching the eye of investors. >> reporter: two of the big three, electronic arts and take two interactive, have seen big stock rallies in the past six months. analysts say interest is likely to continue gaining momentum throughout the year, and the laggard of the trio, activision is back in the game. activision is the company behind the call of duty franchise, and, more recently, skylanders. >> the way we look at it is this something that is new to the category. is this something where we have some secret sauce. some competitive advantage. >> reporter: hirshberg likens actvision games to big budget studio films which can take years to produce and cost millions, with the hope of developing them into franchises. >> the mantra that you're seeing across all publishers is bigger fewer better. so its going to be high risk but there can potentially be very high rewards. >>
PBS
Feb 27, 2013 1:00am PST
expects to cut its payroll in the coming months. ruben ramirez reports. >> reporter: firms that trade stocks at the new york stock exchange posted profits in 2012 that came in at just under $24 billion, one of the best years in the last two decades. and that's trickling down to bonuses. new york state comptroller tom dinapoli says cash bonuses paid to those who work in the securities industry are expected to be up 8% to $20 billion. >> for the jobs that are there, they're well-compensated. the average salary on the street is over five times the average private sector salary in the rest of the city's economy. so these are good jobs if you can get them. >> reporter: the average bonus is expected to come in at around $122,000. but good luck finding one of those jobs. j.p. morgan is the latest bank to announce it plans to slash at least 3,000 jobs, or a little less than 2% of its workforce this year. >> looking at 2013, our expectation is that there will still be downward pressure on headcount. >> reporter: dinapoli's office estimates every one job on wall street supports three jobs other
CBS
Jan 31, 2013 7:00pm EST
recovery. ruben ramirez looks at why women are finding it easier today to start a business. >> reporter: hewlett-packard may have gotten its start in a garage. but here in new york, this new business was born in the kitchen. this is pastry chef jenny mccoy and her business partner diana lovett. >> jenny had her background in the kitchen and wanted to make things accessible to the home cook. i had my background in the non- profit world and really wanted to have a socially responsible supply chain. >> reporter: cisse makes mixes for products like hot cocoa, cookies and cakes. they use all-natural products and fair-trade cocoa. that's cocoa that comes from farmers who use fair labor practices, and sustainable pricing. it's been a busy year, the two went from concept to prototype in four months and hit store shelves in september, the products are available in whole foods and other grocery chains along the east coast. >> i certainly think that with a line of baking mixes i think that a woman-owned business sort of makes sense to the consumer. >> reporter: women owned businesses
CBS
Feb 5, 2013 7:00pm EST
hewlett packard and lenovo valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those markets. >> they want to continue to be a hardware player, but the question is, what's from here? where do you go? do you move just into software and services and try to get those higher margin sales? or do you try to continue to be both players? where do you go? >> reporter: the deal brings together more than a half dozen parties. the three main partners are: company founder michael dell who will contribute a combination of stock and cash-- he will continue as chairman and c.e.o.; private equity fund silver lake; and a $2 billion loan from microsoft. the i.o.u. means microsoft essentially is acting as a bank in the buy-out of a company upon which it relies on to sell its computer software. >> microsoft being the huge, cash-rich company that it is has ample
PBS
Feb 19, 2013 7:00pm PST
cash now to help cover potentially higher gas prices on the road this summer. ruben ramirez, "n.b.r.," new york. >> susie: also in the energy patch today, transocean closed the chapter on the 2010 gulf oil disaster as a u.s. judge approved the company's $1 billion civil spill settlement. transocean owned the rig working b.p.'s macondo well when an explosion killed 11 workers and began the nation's worst offshore oil spill. last week, transocean's $400 million settlement of criminal charges with the federal government was also approved. >> tom: an update on the housing market. confidence among single-family home builders is down slightly this month, the first drop in almost a year. that housing index ticked down a point to 46 for february. anything below 50 shows that more builders see conditions as "poor." despite the drop, confidence among builders is just below its best level since 2006. >> susie: apple said today it was the target of hackers, similar to an attack that recently breached facebook. but apple says that while some of its mac computers were infected, there's no evidenc
WETA
Feb 5, 2013 6:30pm EST
, hewlett packard and lenovo, valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those markets. >> they want to continue to be a hardware player, but the question is, what's from here? where do you go? do you move just into software and services and try to get those higher margin sales? or do you try to continue to be both players? where do you go? >> reporter: the deal brings together more than a half dozen parties. the three main partners are: company founder michael dell, who will contribute a combination of stock and cash-- he will continue as chairman and c.e.o.; private equity fund silver lake; and a $2 billion loan from microsoft. the i.o.u. means microsoft essentially is acting as a bank in the buy-out of a company upon which it relies on to sell its computer software. >> microsoft being the huge, cash-rich company that it is, has amp
PBS
Feb 12, 2013 4:30pm PST
overseas buyers, not everyone benefits. ruben ramirez reports. >> reporter: if there was any doubt how interconnected economies around the globe are, you need look no further than what's happening in the currency markets as governments try to spur growth. >> the difficulty of achieving that i think is why you are seeing the issue of currency wars coming up more and more. >> reporter: the g-7, which includes countries like the united states, the united kingdom and germany, issued a statement saying that it wants to jumpstart domestic growth without explicitly targeting a currency exchange rate. currency watchers interpret it a different way. >> a lot of it is just posturing. you've got all these central banks trying to devalue their currency as a way of trying to get growth reaccelerating. >> reporter: growth is key. one of the biggest culprits right now is japan. the country's new government is taking an aggressive policy to weaken the yen that makes exports of everything from tvs to cars less expensive for overseas buyers. japan isn't alone; the united states is also undertaking simil
PBS
Feb 26, 2013 1:00am PST
revenues, it's upbeat about its outlook for this year. but as ruben ramirez reports while lowe's and its competitor, home depot expect a bump in sales on the back of new home construction, their success is still dependent on everyday consumers opening their pocketbooks. >> reporter: home improvement retailers continue seeing the trickle down effect of a recovering housing market and a boost in renovations on the back of a better economy. about a quarter of sales at lowe's and home depot come from home construction and renovation. during the housing downturn, lowe's tightened its toolbelt, closing stores, cutting costs and investing in its online business. it's a plan that is starting to pay off. >> it really will take a couple of years yet before the combination of improved merchandising, better supply chain execution and really overhauling a lot of the stores operations before we see some meaningful operating margin expansion. >> reporter: wahlstrom says lowe's 4% growth target for 2013 is aggressive but achievable. the company saw some strength in sales from superstorm sandy, home
WETA
Feb 13, 2013 6:30pm EST
metals with more industrial uses, like silver and platinum. ruben ramirez, "n.b.r.," new york. >> susie: monday on "n.b.r.," the markets are closed for presidents' day, so we bring you "conscious capital." an "n.b.r." special edition, looking at philanthropic spending and investing in others. our "nbr-u" partners at harvard have more on the web, jt head to: www.nbr.com. gi aooha lb, watt makes people e vch, atyllrie you'fifi it under the "nbr-u" tab. and tomorrow on "n.b.r." does congress have a plan to prevent the sequester? we'll talk to michigan senator debbie stabenow. and we'll get a check-up on the health of the u.s. job market, with the latest employment numbers. >> susie: when it comes to starting a business, successful entrepreneurs often take a "fake it 'til you make it" attitude. here to explain, eric schurenberg, editor-in-chief at inc magazine. >> at inc. we love to tell the stories of entrepreneurs who land their first big job by making their start-up look bigger than it is. bobbi brown, who built a make-up empire out of nothing, got her first sale at bergdorfs by letting
Search Results 0 to 49 of about 98 (some duplicates have been removed)